European Markets Open Lower Amid Trade Policy Concerns

Following the extended Easter weekend, major European stock indexes predominantly opened lower on Tuesday. The shadow of United States President Donald Trump's trade policies continues to loom over the markets, influencing investor sentiment.

Key Movements in Major Indexes

The DAX experienced a slight decline of 0.21% by 9:00 am CET, with Siemens Energy AG seeing a significant drop of 3.81%. Similarly, the CAC 40 and Euro Stoxx 50 fell by 0.14% and 0.27% respectively, highlighted by Stellantis NV's 5.45% decrease across both indexes. In contrast, the FTSE 100 bucked the trend with a modest gain of 0.14%, buoyed by Babcock International Group PLC's 1.85% rise.

Currency Fluctuations

The euro weakened slightly against the dollar, trading 0.14% lower at $1.14998 by 8:58 am CET. Meanwhile, the pound edged up by 0.07% against the dollar, reaching $1.33887.